Hi and welcome to this 'Best Platforms To Stake Crypto Coins For Maximum Returns' course with us Top Things To Know.
The continuous novel coronavirus outbreak in 2020-2022, the money printing, the rising inflation rates, the new all time high real estate global prices, and the "new" work from home environment are only some of the reasons why Wall Street and retail investors are hedging their money in Bitcoin and other cryptocurrencies.
The DeFi boom in 2020 changed the whole financial system because banks offer small to 0 interest rate on your savings while DeFi products offer as much as 2,000% APY(APY stands for Annual Percentage Yield. APY is the rate you can earn on an account over a year and it includes compound interest). So, companies and retail investors who have joined early and are joining right now are benefiting the most from the truly innovative DeFi products like Yield Farming and Staking. But what Yield Farming and Staking mean and how they work?
What is Yield Farming?
Yield farming is one such investment strategy in DeFi. It involves lending or staking your cryptocurrency coins or tokens to get rewards in the form of transaction fees or interest. This is somewhat similar to earning interest from a bank account; you are technically lending money to the bank.
What is Staking?
Crypto staking is a process used to verify cryptocurrency transactions. It involves committing holdings to support a blockchain network and confirm the transactions. It also allows participants to earn passive income on their holdings.
So is it late to join and make the first steps towards your early retirement and a better life? - NO! It is never too late to join at any time. The rise and development of the blockchain technology are yet to show their full potential and effects on everything around us!
This course will help you understand the DeFi, Yield Farming, and Staking concepts. It will also help you to get started in crypto and it will give you recommendations on how and where to staking you cryptocurrency coins or tokens in order to maximize your ROI.
Are you ready to start your journey today and never look back again!
DISCLAIMER: The content of our course and lectures is intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for educational informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this course is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.
